What is the low income housing tax credit?

The Tax Reform Act of 1986 created the low income housing tax credit for businesses involved in projects that provide housing for low to moderate income families in the United States.FunctionThe pu...
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How much is the low income housing credit?

The Low Income Housing Tax Credit has no set value. The amount of the credit depends on the cost of developing the dwelling, according to Danter Company. Projects not funded with a federal subsidy ...
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What Are Advantages of Low Income Housing Tax Credits for Housing Developers?

What is low income housing?

Low-income housing refers to dwellings subsidized or paid for by state and federal governments so people who earn low wages--typically below the mean or median wage for the area--can afford adequat...
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